Apple to Open Second Retail Store in Mumbai, Sixth in India…

Sarah J · 2026-02-03T16:22:04.000Z

Tech giant Apple Inc. has confirmed plans to open its second retail store in Mumbai located in the Oberoi Sky City Mall in the Borivali (East) suburb marking the company’s sixth official Apple Store in India as part of a rapid nationwide retail expansion. The announcement was made by Apple CEO Tim Cook during the company’s fiscal first-quarter 2026 earnings call, where he highlighted ongoing investment in India amid strong consumer demand and business momentum. Apple’s new Mumbai store will occupy approximately 12,616 square feet of ground-floor retail space, and Apple India has secured a long-term lease spanning nearly 10 years and 10 months with structured rent terms that include an initial rent-free period followed by periodic escalations and revenue-sharing arrangements. This step reflects the company’s confidence in the Indian premium consumer technology market one of its fastest-growing regions globally. The Borivali outlet follows a string of recent store openings across India. Apple’s retail rollout began with flagship locations in Mumbai’s Bandra Kurla Complex (BKC) and New Delhi (Saket) in 2023, followed by stores in Bengaluru (Hebbal), Pune (Koregaon Park) and Noida (DLF Mall of India), the latter opening in December 2025 as Apple’s fifth store. The Borivali store will further diversify Apple’s geographic footprint and make its products and services more accessible to a broader range of Indian consumers. This expansion aligns with Apple’s wider India strategy, which includes local iPhone manufacturing, deeper engagement with app developers and services, and tailored retail experiences such as Today at Apple sessions that offer creative and educational programming. India has emerged as a strategically important market for Apple now one of the company’s largest global markets outside the U.S. and China driven by strong demand for iPhones, wearables and services. The Borivali store opening is expected in the coming months, subject to final fit-outs and local approvals, and further solidifies Apple’s commitment to strengthening its physical retail presence in India amid a competitive consumer electronics landscape.

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Apple to Open Second Retail Store in Mumbai, Sixth in India… | SEINET